[F1The Mayor's substitute consolidated budgetE+W+S
Textual Amendments
F1Sch. 6 para. 6A and cross-heading inserted (3.12.2011) by Localism Act 2011 (c. 20), s. 240(2), Sch. 6 para. 37(4); S.I. 2011/2896, art. 2(i)
6A(1)This paragraph applies if the Mayor prepares a final draft budget that does not comply with the relevant principles.E+W+S
(2)The Mayor shall also prepare a draft substitute consolidated budget that complies with those principles.
(3)The Mayor shall—
(a)present the draft substitute consolidated budget to the Assembly, and
(b)publish it in such manner as the Mayor may determine.
(4)The Mayor shall, at the time when the Mayor presents the draft substitute consolidated budget to the Assembly, lay before the Assembly in accordance with standing orders of the Authority a written statement of the reasons for the differences between the final draft budget and the draft substitute consolidated budget.
(5)It shall be the duty of the Mayor (having regard to paragraphs 8(7) and 8C below) to comply with sub-paragraph (4) above before the last day of February in the financial year preceding that to which the final draft budget relates.]